TRIS Rating has assigned the rating of “A+” to the proposed issue of up to Bt6,000 million in senior unsecured debentures of Land & Houses PLC (LH). At the same time, TRIS Rating has affirmed the company rating of LH and the ratings of its existing senior unsecured debentures at “A+”. The outlook remains “stable”.

TRIS Rating has assigned a “A-” rating to EASY BUY PLC’s (EASY BUY) proposed issue of up to Bt2,500 million in senior unsecured debentures, maturing within five years. At the same time, TRIS Rating has affirmed the company and current senior unsecured debenture ratings of EASY BUY at “A-”, and has also affirmed the current ratings of EASY BUY’s guaranteed debentures at “A”. The outlooks remain “stable”.

The world economy is expected to grow at 3.3% in 2014, similar to the growth rate in 2013. IATA forecasted air passengers to be around 3.3 billion passengers in 2014. The revenue passenger kilometers (RPK) is expected to grow at 5.9% in 2014, almost flat compared to 2013.